Ben Horowitz says Silicon Valley is hard to recreate because it requires talent, policy, and culture: "The first is you do need the talent... is there a great technical university that graduates people who know how to build things?" "Many countries have that, that don't have a Silicon Valley. And what are they missing? They're missing the other two components." "The second is, do you have a set of laws and policies that facilitate entrepreneurship, are essentially good for business?" "The third one... is the culture such that young people, the most capable young people willing to make the biggest contribution, do they get status, social status reward?" "That's the thing that's so hard to replicate, and it's so hard to build, and it's so easy to destroy." @bhorowitz